Since the inception of Old Monroe Investment Services, we have brought professional money management to those in our marketing area.
LPL Financial provides model portfolios of diversified investments, which we recommend to our clients based on our client’s risk tolerance, financial goals and the current conditions of the markets and economy. As your situation changes, we evaluate our recommendations and may adjust accordingly. We have LPL Financial Advisors who implement the basic tenets of asset allocation and diversification *. We strive to minimize trading costs when addressing client’s goals and implementing recommendations.
We monitor our client’s investments daily and continuously assess the appropriateness of our recommendations in light of ever changing economic and market conditions. In Brokerage Accounts, when we think a change in the portfolio is required we call you and discuss our recommendations with you, receive your permission and then make trades as agreed. In Advisory Accounts, you shift the responsibilities for making changes to the portfolio to your LPL Financial Advisor at Old Monroe Investment Services. This allows our clients to shift some of their concern about the markets and how that impacts their investments to their LPL Financial Advisor at Old Monroe Investment Services. Our LPL Financial Advisors have their FINRA Series 7 (Stock Broker) and Series 66 (Registered Investment Adviser) registrations through LPL Financial. They are also licensed as Missouri Life and Health Insurance agents.
We charge a fixed percentage against the value of your investment portfolio. This way, if our advice is successful in growing your portfolio, our revenue increases. If the market goes against us and your portfolio decreases, our revenue decreases, as well. We “share the gain and share the pain”. This aligns our interests and prevents conflicts of interest. Our minimum account size is $100,000.00.
If you would like to speak to one of our LPL Financial Advisors, please feel free to call us at 636-661-5614 and ask for Paul or Brad.